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Stock Market & Financial Investment News

News For ALK;AAMRQ From The Last 14 Days
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July 2, 2015
08:03 EDTALKAlaska Air reports 6.9% increase in June traffic
On a combined basis, Air Group reported a 6.9% increase in traffic on a 7.2% increase in capacity compared to June 2014. This resulted in a 0.2 point decrease in load factor to 86.7%. Alaska reported a 6.9% increase in traffic on a 7.4% increase in capacity compared to June 2014. This resulted in a 0.4 point decrease in load factor to 87%. Alaska also reported 87.5% of its flights arrived on time in June, compared to the 86.0 percent reported in June 2014. Horizon reported a 6.7% increase in June traffic on a 5.5% increase in capacity compared to June 2014. This resulted in a 0.9 point increase in load factor to 82.0%. Horizon also reported 86.6% of its flights arrived on time in June, compared to the 92.9% reported in June 2014.
June 25, 2015
11:55 EDTALKAlaska Air management to meet with Evercore ISI
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June 23, 2015
10:00 EDTALKOn The Fly: Analyst Upgrade Summary
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07:03 EDTALKAlaska Air upgraded to Overweight from Equal Weight at Morgan Stanley
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June 18, 2015
06:58 EDTALKAlaska Air upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded Alaska Air to Neutral and increased its price target to $78 from $75. The firm believes the worst is behind Alaska Air as competitive capacity adds in Seattle are declining. Credit Suisse expects the company to buyback up to 8% of its market cap in 2015 and said Alaska Air has the best balance between growth, cost controls, and shareholder returns while maintaining an investment grade balance sheet.

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